Financials Meter Instruments Co., Ltd.

Equities

301006

CNE100004LH9

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. 18:00:00 2024-05-16 EDT 5-day change 1st Jan Change
13.3 CNY +1.29% Intraday chart for Meter Instruments Co., Ltd. -1.85% -26.56%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 3,355 2,174 2,522
Enterprise Value (EV) 1 2,573 1,461 1,827
P/E ratio 20.9 x 19.9 x 22.5 x
Yield 0.83% 2.24% -
Capitalization / Revenue 8.21 x 6.07 x 6.6 x
EV / Revenue 6.3 x 4.07 x 4.78 x
EV / EBITDA 16.2 x 13.7 x 13 x
EV / FCF 51.7 x -18.6 x 587 x
FCF Yield 1.94% -5.37% 0.17%
Price to Book 3.11 x 1.87 x 2.06 x
Nbr of stocks (in thousands) 139,280 139,280 139,280
Reference price 2 24.09 15.61 18.11
Announcement Date 22-04-24 23-04-23 24-04-28
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 188.7 313.9 420.5 408.6 358.5 382
EBITDA 1 84.6 139.9 192.6 158.7 106.9 140.6
EBIT 1 81.99 135.2 188.2 153.8 101.9 133.4
Operating Margin 43.45% 43.06% 44.75% 37.63% 28.41% 34.92%
Earnings before Tax (EBT) 1 84.45 143.1 202.9 162.6 125.6 130
Net income 1 73.15 125.7 174.3 140.1 109.2 112.3
Net margin 38.77% 40.05% 41.45% 34.29% 30.45% 29.39%
EPS 2 0.7100 1.200 1.670 1.150 0.7837 0.8061
Free Cash Flow 1 41.71 31.34 71.81 49.79 -78.39 3.113
FCF margin 22.11% 9.98% 17.08% 12.18% -21.87% 0.81%
FCF Conversion (EBITDA) 49.31% 22.41% 37.28% 31.38% - 2.21%
FCF Conversion (Net income) 57.03% 24.93% 41.2% 35.53% - 2.77%
Dividend per Share - - 0.5000 0.2000 0.3500 -
Announcement Date 19-06-28 21-05-18 21-05-18 22-04-24 23-04-23 24-04-28
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 171 220 313 783 713 695
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 41.7 31.3 71.8 49.8 -78.4 3.11
ROE (net income / shareholders' equity) 27.4% 35% 36.1% 17.1% 9.74% 9.4%
ROA (Net income/ Total Assets) 16.6% 18.7% 19.2% 10.1% 5.02% 6.14%
Assets 1 441.6 672.7 907.4 1,389 2,174 1,828
Book Value Per Share 2 2.970 3.900 5.330 7.750 8.340 8.810
Cash Flow per Share 2 1.640 2.100 3.000 4.800 5.120 4.990
Capex 1 4.65 7.22 2.67 24.7 88.1 46.9
Capex / Sales 2.47% 2.3% 0.63% 6.04% 24.58% 12.28%
Announcement Date 19-06-28 21-05-18 21-05-18 22-04-24 23-04-23 24-04-28
1CNY in Million2CNY
Estimates
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